News Release: Echo Development Group, Inc. Acquires Medical Building for Behavioral Health Clinic Build-to-Suit Redevelopment
FOR IMMEDIATE RELEASE Akron, OH (May 6, 2019) – Echo Development Group, Inc. announces it has acquired an existing medical building in partnership with BrightView – an outpatient addiction medicine practice based in Cincinnati, OH. The property is located at 999 North Main Street in Akron, OH (approximately 3 miles north of the downtown CBD), […]
News Release: Just Closed – Senior Housing JV Equity and Debt
Cadence Capital Partners Healthcare Real Estate Group secures debt & equity capital for senior housing development Cadence Capital partners is pleased to announce the closing Of the joint venture equity and construction financing for the development of a Class A, 165-unit, independent, assisted, and memory care community in St. Petersburg, Florida. Cadence worked on behalf […]
News Release: Just Closed :: Greenleaf Center Portfolio
Sale Date: 4/3/2019 Portfolio Size: 197,385 SF % Leased: 93% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Greenleaf Center Portfolio (the “Portfolio”), located in Gurnee, Illinois. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley partnered with Kevin Segerson in the Illinois market to act as the […]
News Release: HFF arranges financing for a 9-property, multi-state behavioral healthcare portfolio
WASHINGTON, D.C. – May 1, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged financing for a nine-property, multi-state behavioral healthcare portfolio totaling 943,843 square feet and 765 licensed beds. HFF worked on behalf of the borrower, Perimeter Healthcare, and its financial sponsor, Ridgemont Equity Partners, to secure the five-year, floating-rate senior […]
News Release: HFF announces $13M sale of 4-building medical office portfolio in Tucson, Arizona
SAN DIEGO, CA – May 1, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $13 million sale of a medical office portfolio totaling 67,745 square feet across four buildings in Tucson, Arizona. The HFF team represented the seller, an affiliate of Healthcare Realty Trust, and procured the buyer, a joint venture between Pisula Development […]
News Release: New Lease at Coon Rapids Medical Center
Davis is happy to announce a new lease at Coon Rapids Medical Center! Davis and Physicians Realty Trust are excited to welcome Center for Diagnostic Imaging (CDI) to the Coon Rapids Medical Center! This Fall, CDI will open a state of the art imaging center with MRI, CT, diagnostic and therapeutic injections and X-ray. CDI […]
News Release: Just Closed :: Dermatology Solutions Group Medical Office Portfolio
Florida & Alabama Sale Date: 4/2/2019 Portfolio Size: 51,505 SF % Leased: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Dermatology Solutions Group Medical Office Portfolio (the “Portfolio”), located in Florida and Alabama. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley partnered with Morgan Hillenmeyer from […]
News Release: Public-Private Partners Develop Four New VA Clinics
US Federal Properties Co. named developer of four new Veterans Affairs health clinics More than 225,000 Veterans and families will be served by the developer’s new VA health clinics, which are designed to deliver high-quality, patient-centered care in an environment that reflects VA’s commitment to Veterans and its evidence-based clinical practice. US Federal Properties Co. […]
News Release: Montecito Medical Acquires Medical Office Building in New Hampshire
Montecito Medical Acquires Premier Medical Office Building and Surgery Center in New Hampshire Montecito Medical Real Estate, has finalized the acquisition of a prime medical office building and surgery center in Bedford, New Hampshire, that is occupied by the area’s largest neuro-spine care provider. The two-story, 30,500 square-foot building is 100-percent occupied by New Hampshire NeuroSpine […]
News Release: CIT arranges $24.75M for Mass. MOB
CIT Serves as Sole Arranger on $24.75 Million Financing for Acquisition of Medical Office Buildings CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as the sole lead arranger on $24.75 million in financing for the purchase of a medical office building complex in Springfield, Massachusetts. The borrower, a joint venture […]
News Release: Just Closed: Thunderbird Wellness Centre | Peoria, Arizona
The JLL Healthcare Capital Markets Group is pleased to announce the sale of the 56,190 square foot Thunderbird Wellness Centre in Peoria, Arizona. The 100 percent occupied four-building Class A medical office and specialty retail asset is anchored by a USPI-affiliated ambulatory surgery center and features a high-quality and diversified tenant roster. Located in one […]
News Release: Healthcare Trust of America, Inc. Reports First Quarter 2019 Earnings
Healthcare Trust of America, Inc. Reports First Quarter 2019 Earnings First Quarter 2019 Highlights Net Income Attributable to Common Stockholders increased $3.6 million, to $13.4 million, compared to Q1 2018. Earnings per diluted share increased $0.01, to $0.06 per diluted share, compared to Q1 2018. Funds From Operations (“FFO”), as defined by the National Association of […]
News release: HFF closes $14.75M sale of build-to-suit medical office property for Joe DiMaggio Children’s Hospital in South Florida
ORLANDO, FL – APRIL 24, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the $14.75 million sale of a build-to-suit medical office property in Wellington, FL, totaling 31,830 square feet and fully leased to Joe DiMaggio Children’s Hospital. The tenant’s parent health system, Memorial Healthcare System, exercised its right of first […]
News Release: JLL completes sale of Indianapolis-based Methodist Professional Center II to Healthcare Realty Trust
JLL’s Healthcare Capital Markets experts have completed the sale of a 143,499-square-foot Class A outpatient facility on the academic medical campus of Indiana University Health’s Methodist Hospital in downtown Indianapolis. It is the largest hospital complex in the state of Indiana with 1,411 staffed beds. Methodist Professional Center II (MPC II) is fully occupied by […]
News Release: Recent Closing | Acquisition Loan
CLOSED: Cadence Capital Partners Healthcare Real Estate Group Secures $27,000,000 Acquisition Loan Cadence Capital Partners is pleased to announce the closing of a $27,000,000 non-recourse, bridge loan for the acquisition of a Class A, 125-bed, behavioral health facility in Texas. Cadence sourced the loan through a local Texas bank With deep market knowledge and shared […]